Condensed Consolidated Balance Sheets - USD ($)
$ in Millions |
Oct. 01, 2016 |
Dec. 31, 2015 |
Oct. 03, 2015 |
| Current assets |
|
|
|
| Cash and cash equivalents, at cost, which approximates fair value |
$ 437.2
|
$ 657.3
|
$ 621.9
|
| Short-term investments in marketable securities |
0.8
|
11.5
|
32.5
|
| Total cash, cash equivalents and short-term investments in marketable securities |
438.0
|
668.8
|
654.4
|
| Restricted cash |
12.7
|
12.7
|
15.6
|
| Accounts and notes receivable, less allowances of $14.2, $13.8 and $15.9 |
454.6
|
398.1
|
400.7
|
| Inventories |
|
|
|
| Finished goods |
476.3
|
444.4
|
444.3
|
| Work-in-process |
102.7
|
88.4
|
109.8
|
| Raw materials |
176.0
|
152.2
|
155.7
|
| Net inventories |
755.0
|
685.0
|
709.8
|
| Prepaid expenses and other |
38.5
|
39.8
|
35.3
|
| Current assets |
1,698.8
|
1,804.4
|
1,815.8
|
| Property |
|
|
|
| Land |
24.3
|
24.2
|
23.1
|
| Buildings and improvements |
399.1
|
351.8
|
341.6
|
| Equipment |
948.2
|
886.8
|
867.9
|
| Total land, buildings and improvements and equipment |
1,371.6
|
1,262.8
|
1,232.6
|
| Accumulated depreciation |
(891.9)
|
(861.4)
|
(844.3)
|
| Net land, buildings and improvements and equipment |
479.7
|
401.4
|
388.3
|
| Unamortized product tooling costs |
117.0
|
103.8
|
101.3
|
| Net property |
596.7
|
505.2
|
489.6
|
| Other assets |
|
|
|
| Goodwill |
413.0
|
298.7
|
298.5
|
| Other intangibles, net |
164.1
|
55.1
|
49.9
|
| Equity investments |
16.3
|
21.5
|
19.6
|
| Deferred income tax asset |
304.8
|
420.2
|
408.9
|
| Other long-term assets |
47.5
|
47.4
|
44.7
|
| Other assets |
945.7
|
842.9
|
821.6
|
| Total assets |
3,241.2
|
3,152.5
|
3,127.0
|
| Current liabilities |
|
|
|
| Current maturities of long-term debt |
4.2
|
6.0
|
4.0
|
| Accounts payable |
364.0
|
339.1
|
341.0
|
| Accrued expenses |
549.5
|
563.0
|
518.4
|
| Current liabilities |
917.7
|
908.1
|
863.4
|
| Long-term liabilities |
|
|
|
| Debt |
448.0
|
442.5
|
449.1
|
| Deferred income tax liability |
3.4
|
12.3
|
5.5
|
| Postretirement benefits |
271.9
|
347.5
|
324.7
|
| Other |
165.5
|
160.8
|
195.2
|
| Long-term liabilities |
888.8
|
963.1
|
974.5
|
| Shareholders' equity |
|
|
|
| Common stock; authorized: 200,000,000 shares, $0.75 par value; issued: 102,538,000 shares; outstanding: 89,835,000, 90,813,000 and 91,168,000 shares |
76.9
|
76.9
|
76.9
|
| Additional paid-in capital |
380.0
|
408.0
|
402.9
|
| Retained earnings |
1,878.0
|
1,660.4
|
1,683.3
|
| Treasury stock, at cost: 12,703,000, 11,725,000 and 11,370,000 shares |
(440.2)
|
(389.9)
|
(371.2)
|
| Accumulated other comprehensive loss, net of tax |
(460.0)
|
(474.1)
|
(502.8)
|
| Shareholders' equity |
1,434.7
|
1,281.3
|
1,289.1
|
| Total liabilities and shareholders' equity |
$ 3,241.2
|
$ 3,152.5
|
$ 3,127.0
|